Trueo prediction market moves from Base to Ethereum
Reported by Cointelegraph · AI-assisted summary by ChikoCorp AI News Desk
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Summary
Prediction market platform Trueo announced it will migrate from the Base layer 2 chain to the Ethereum mainnet. Trueo cited greater integration potential on Ethereum and plans to develop the next iteration of its oracle system as core reasons for the move. The platform originally launched on Base in March 2025 but now aims to expand its liquidity and product reach on Ethereum.
Why it matters
Trueo sees Ethereum as the best blockchain for creating a widely adopted, fully permissionless, and credible oracle and prediction market platform. The move underscores Ethereum's ongoing attractiveness for projects seeking broad ecosystem integration despite previously higher gas fees. The source does not elaborate further on the broader market or policy impact of this migration.
Key context
Trueo selected Base initially due to the higher Ethereum gas fees and experimental nature of its app. Now that gas costs on Ethereum have improved and the team’s product vision has evolved, they view Ethereum as offering superior long-term scalability and ecosystem support. Trueo is currently ranked as the 14th-largest onchain prediction market by total value locked.
Key numbers and entities
Trueo prediction market platform; Base (Ethereum L2 chain); Ethereum mainnet; Trueo co-founder known as “Lumberg”; DefiLlama reporting Trueo’s $795,687 total value locked; Vitalik Buterin mentioned; migration announced on September 22, 2026.
What remains unclear
The timeline for the actual migration from Base to Ethereum is not specified. Details on how liquidity will be attracted post-migration or the features of the next-generation oracle system remain undisclosed. The source does not provide user reaction or technical challenges related to the migration.